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  3. Study Set
    Microeconomics Principles
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    Exam 5: Elasticity
  5. Question
    A Less Elastic Demand for a Good Could Result from
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A Less Elastic Demand for a Good Could Result from

Question 6

Question 6

Multiple Choice

A less elastic demand for a good could result from


A) strong supply-side reactions
B) an increased number of available substitutes
C) lower consumer incomes
D) a longer time horizon
E) a shorter time horizon

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